As previously reported, New Street upgraded AMD to Buy from Neutral with a $215 price target, in a note on infrastructure providers. The analyst saw upside for all names, mentioning AMD (AMD), Arista (ANET), Arm Holdings (ARM), Broadcom (AVGO), Infineon (IFNNY), Intel (INTC), Micron (MU), Nvidia (NVDA), and TSMC (TSM), but highlighting AMD and TSMC as the stand outs.
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